Showing posts with label After IMF Assessment. Show all posts
Showing posts with label After IMF Assessment. Show all posts

Saturday, August 30, 2014

Ukraine May Get Additional Loan of $1.3 billion After IMF Assessment



European Union will make a decision on providing an additional loan of up to $1.3 billion to Ukraine only after the International Monetary Fund (IMF) conducts another assessment of the state of its economy, a source close to EU leadership told RIA Novosti on Sunday.

“If the IMF considers that there are additional financing needs, we will then consider a possibility of an additional microfinancial program which could go up to one billion [euro],” said the source, adding that it is not clear yet, when this assessment will take place.

ST

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